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Items filtered by date: June 2022 - CIMdata
Thursday, July 28, 2022

Atos - H1 2022 Results

Atos, a global leader in digital transformation, high-performance computing and information technology infrastructure, today announced its financial results for the first half of 2022. Atos’ new leadership team, Nourdine Bihmane, Diane Galbe and Philippe Oliva, said: “Commercial momentum improved strongly in Q2, with a sharp rebound in order entry from existing and new customers and several high-profile contracts signed, including an additional high-performance computer as part of the EuroHPC program. On top of usual seasonal movements, operating margin and free cash flow were impacted in H1 by inflation and supply chain-related headwinds. We expect a significant improvement in both metrics in the second half, supported by improvement actions launched earlier in the year, on our cost structure and contract portfolio. In consequence, we are fully confident of achieving our full-year objectives. We have successfully secured our debt financing; our envisioned transformation plan is now fully funded for the interim period before the contemplated
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Second quarter 2022 Operating net sales increased by 20 per cent to 1,288.7 MEUR (1,075.6). Net sales including the reduction of acquired deferred revenue amounted to 1,282.3 (1,075.6). Using fixed exchange rates and a comparable group structure (organic growth), net sales increased by 6 per cent Adjusted operating earnings (EBIT1) increased by 20 per cent to 378.5 MEUR (314.6) Earnings before taxes, excluding adjustments, amounted to 372.9 MEUR (307.8) Net earnings, excluding adjustments, amounted to 305.8 MEUR (252.5) Earnings per share, excluding adjustments, amounted to 11.2 Euro cent (9.8) Operating cash flow decreased to 228.1 MEUR (275.4) To view the original press release, please click here. Search for Hexagon on CIMdata.com
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Honeywell announced results for the second quarter, which met or exceeded the company's guidance. The company also raised the low end of its full-year organic growth and adjusted EPS guidance ranges and raised its full-year segment margin guidance range. The company reported second quarter organic sales growth of 4%, or 7% excluding the impact of lower COVID-mask volumes and the wind down of operations in Russia, exceeding the high end of the company's guidance range. Operating margin contracted by 20 basis points to 17.9% primarily due to an additional charge related to Russia. Segment margin expanded by 50 basis points to 20.9%, or 80 basis points excluding the year-over-year impact of Quantinuum. Adjusted earnings per share was $2.10, up 4% year over year and 2 cents above the high end of the company's guidance range. Operating cash flow was $0.8 billion, down 38% year over year, and free cash flow was $0.8 billion, down 43% year over year, due to
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Informatica, an enterprise cloud data management leader, announced financial results for its second quarter 2022, ended June 30, 2022. Informatica Q2' 2022 Highlights (Graphic: Business Wire) “We are very pleased to deliver Q2 results that exceeded the high-end of guidance for total revenue, subscription and cloud ARR, and non-GAAP operating income. The mix shift from self-managed to the cloud is accelerating and customers are increasingly investing in our Intelligent Data Management Cloud (IDMC) platform for digital transformation. We are strongly positioned to deliver $1 billion in subscription ARR by the end of the year, a milestone few software companies have achieved,” said Amit Walia, Chief Executive Officer at Informatica. “We continue to see healthy demand for IDMC as companies look to Informatica to help them navigate the uncertain macro-environment and process mission-critical workloads.” Second Quarter 2022 Financial Highlights: GAAP Total Revenues increased 9% year-over-year to $372.0 million. GAAP Subscription Revenues increased 24% year-over-year to $207.0
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The Nemetschek Group, a leading global provider of software solutions for the construction and media industries, again continued its growth in revenue and profitability in the second quarter after the very successful start to the year. Recurring revenues, which reached a new record high, were once again the main growth driver, in particular due to the strong demand for Subscription and SaaS models. "Customers along the entire lifecycle of buildings rely on our innovative and collaborative solutions as well as our expertise to support them in their digitization strategy. At the same time, we are currently seeing an extremely high demand for the solutions of our Media segment", says Yves Padrines, CEO of the Nemetschek Group. "Due to the increase of the share of recurring revenues, which will further accelerate in the second half of the year based on the start of the transition of our US brand Bluebeam, the quality of our
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PTC reported financial results for its third fiscal quarter ended June 30, 2022.  "In our third fiscal quarter, we again delivered strong results. We reported ARR growth of 9% and 15% on an organic constant currency basis. In addition, our recently acquired Codebeamer business had an outstanding quarter and added an additional point of ARR growth, taking constant currency ARR growth to 16%. In Q3, our cash from operations was $117 million, up 33% year over year, and our adjusted free cash flow was $132 million, up 23% year over year. The strength in Q3 was broad-based across all segments and geographic regions, driven by demand for digital transformation and SaaS," said James Heppelmann, President and CEO, PTC. "Our differentiated product portfolio and leading SaaS capabilities position PTC to drive superior value for customers. Given the high resiliency of our business due to our subscription model coupled with our strong market position,
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Rockwell Automation, Inc. reported third quarter fiscal 2022 results. "Rockwell delivered a strong quarter, both on top line and bottom line, with Adjusted EPS growing over 15% year over year. Our continued order strength reflects the value our customers place on Rockwell’s differentiated offerings and the increased need for automation solutions. This, coupled with gradually improving supply chain, strong operating performance, and price/cost execution resulted in exceptional earnings in the quarter," said Blake Moret, Chairman and CEO. Fiscal Q3 2022 Financial Results Fiscal 2022 third quarter sales were $1,969 million, up 6.5% from $1,848 million in the third quarter of fiscal 2021. Organic sales increased 7.1%, currency translation decreased sales by 3.1%, and acquisitions increased sales by 2.5%. Fiscal 2022 third quarter net income attributable to Rockwell Automation was $298 million or $2.55 per share, compared to $271 million or $2.32 per share in the third quarter of fiscal 2021. The increases in net
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Accenture has been selected by Hero MotoCorp Ltd., the world’s largest manufacturer of motorcycles and scooters, to scale up and enhance its future-ready supply chain. The program will include supply chain strategy, planning optimization, logistics cost optimization and development of an end-to-end digital supply chain suite, thereby enabling Hero MotoCorp to manage the increasing complexity in products, markets, and supply chain networks, while driving cost reduction in an inflationary environment. Ram Kuppuswamy, chief procurement & supply chain officer, Hero MotoCorp, said, “As we expand our global footprint and foray into electric vehicles, navigating the complex global supply chain network will be crucial in driving our future growth. Simplifying our operations and improving profitability will be key to creating the capacity we need to expand our products portfolio and enter new markets.” Accenture will use its zero-based supply chain (ZBSC) approach to facilitate Hero MotoCorp’s cost optimization efforts across its supply chain. It will
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Medidata, a Dassault Systèmes company, is supporting the White House Cancer Moonshot initiative by working with the National Cancer Institute (NCI) to enroll patients in the Cancer Moonshot Biobank. The Biobank is a project designed to better understand how cancer develops and grows, and why some cancers stop responding to treatment. People with cancer are asked to donate tumor tissue, blood samples, and health data to find discoveries that improve cancer treatments and increase survival. Medidata, Theradex Oncology, and NCI are helping enroll patients in the Biobank across more than 100 clinical sites in the U.S. This team works together to engage and educate study volunteers, accurately and securely collect patient information in the clinical trial, and enroll patients in the project. The enrollment process includes clinical site staff providing orientation content and related HIPAA (Health Insurance Portability and Accountability Act privacy law) documents to the patient for education and eSignature.  These activities are part
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Wipro Limited, a leading global technology services and consulting company, have announced a new five-year strategic engagement with Nokia, the world’s leading multinational, networking, telecommunications and consumer electronics company. The new agreement builds on a partnership originally established over 20 years ago and is a testament to the strength of the relationship. Wipro will deliver global business services in support of Nokia’s renewed operating model, focusing on process optimization, touchless processing and enhanced user and customer experience across order management supply chain, finance, and accounting operations. For Nokia, this represents a major step towards digitalization of its operations by leveraging Wipro’s unique transformation and innovation capabilities. “We have selected Wipro as our long-term partner to support Nokia GBS’ service delivery transformation over the next five years. This marks a significant milestone in our journey aimed at delivering tangible benefits to Nokia Business Groups through a unified service desk, seamless service integration, improved transparency and performance of
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